Ananda Development is one of the best known property development brands in Bangkok. In 2011, it obtained IPO and has since gone on to become the #1 real estate developer who build the projects in close proximity to mass transit stations in Thailand. It is a leading developer of residential developments in close proximity to MRT (Mass Rapid Station) or BTS (Skytrain) Stations in Bangkok. Ananda has developed the “IDEO” brand, first launched in 2007. This developer prides itself for its stylish, modern and high quality, yet affordable products.
The close proximity to the MRT/BTS stations ensures a higher premium than those that are farther away where the area is not well linked, be it transportation network or amenities.
Ananda President and CEO Chanond Ruangkritya says that IDEO condos cut back on waste, decreases time spent driving to work and dispenses the heavy burden of buying a car. He says that buyers love the fact that they can turn their hard-earned capital into investment in property which will help increase their savings as well as financial security.
The concepts had attracts the younger generation to highly value convenience and practicality over traveling longer distance from bigger suburban homes.
Ananda Development were also recently awarded “Best High-Rise Architecture Thailand” for Morph 38 and “Best Interior Design Show Home Thailand“ for C-21 (21sqm unit) by Asia Pacific Property Awards in 2013, “Top 10 Developer Award” by the BCI Asia Awards 2012 and “Real Estate Project Award (Moderate Pricing)” by the Agency for Real Estate Affairs for the development of Maldives Beach Project in 2011.
About it’s Partner – Mitsui Fudosan group
Mitsui Fudosan group is the largest Japanese developer and manager of real estate with a comprehensive portfolio of residential, office and commercial space as well as logistics and hotel properties. Listed on the first section of Tokyo Stock Exchange, Mitsui Fudosan group is the Largest developer in terms of sales of 1,529 billion yen * and gross commercial leasable area of 4.67 million m2 * in Japan. * as of March 31, 2015 Drawing on Mitsui Group’s 340 year heritage of commitment and dedication, Mitsui Fudosan group is a market leader of innovation in urban redevelopment projects to create functional and stylish communities. For each project, Mitsui Fudosan group manages the whole process from research and design, build and develop, and manage and operation. For more information, please visit Mitsui Fudosan